Peter Dey joins Griffiths Energy International Inc.'s Board of Directors

CALGARY, March 13, 2013 /CNW/ - Griffiths Energy International Inc. ("Griffiths Energy" or "the Company") announced today that Peter Dey joined its Board of Directors. Mr. Dey has been actively involved in governance reform in Canada and internationally and has assumed the role of Chair of the Company's Governance Committee.

"Peter brings a distinguished track record of business and governance expertise to our Board," said Robert B. Hodgins, Chairman of Griffiths Energy's Board of Directors. "We welcome him to the Board and believe Peter will add a valuable perspective as Griffiths Energy moves its business forward."

Gary Guidry, President and Chief Executive Officer, said, "Peter has a particularly strong background for Griffiths Energy, given his deep knowledge of capital markets and his prior experience as Chair of a large TSX-listed oil exploration and production company operating primarily in Africa."

Added Mr. Dey, "I look forward to working closely with my colleagues on Griffiths Energy's Board. They are committed to developing and practicing high standards of corporate governance."

Mr. Dey is the Chair of Paradigm Capital Inc., an independent Toronto-based investment dealer. He was Chair of Africa-focused, Calgary-based Addax Petroleum Corp. when Sinopec International Petroleum Exploration and Production Corporation acquired it for $8.3 billion in 2009. Mr. Dey is a former Chair of the Ontario Securities Commission and has served as Chair of the investment dealer Morgan Stanley Canada, and as Senior Partner of the Canadian law firm Osler, Hoskin & Harcourt LLP.

In 1994, Mr. Dey chaired the Toronto Stock Exchange Committee on Corporate Governance, and has since been involved with developing global corporate governance standards as Chairman of the Private Sector Advisory Group of the Global Corporate Governance Forum. Mr. Dey is also a director of Vancouver-based GoldCorp Inc., one of the world's fastest growing senior gold producers, Granite REIT and Enablence Technologies.

Mr. Dey holds a Masters of Laws degree from Harvard University, a Bachelor of Laws degree from Dalhousie University and a Bachelor of Science degree from Queen's University.

About Griffiths Energy International Inc.

Based in Canada, Griffiths Energy is an international exploration and development company focused on oil and gas exploration, development and production activities in the Republic of Chad, Africa. In 2011, the Company acquired the Production Sharing Contracts ("PSCs") from the government of the Republic of Chad. These PSCs provide exclusive rights to explore and develop reserves and resources over a combined area of 26,103 km2 in southern Chad. The PSCs cover two world-class oil basins with development opportunity, oil discoveries, and numerous exploration prospects.

SOURCE: Griffiths Energy International Inc.

For further information:

Gary Guidry
President and Chief Executive Officer
Griffiths Energy International Inc.

Trevor Peters
Chief Financial Officer
Griffiths Energy International Inc.

Canadian Media Contact: Longview Communications
Alan Bayless +1.604.694.6035;
Joel Shaffer +1.416.649.8006;

UK Media Contact: FTI Consulting
Ben Brewerton / Ed Westropp,
+44 (0) 207 831 3113

Profil de l'entreprise

Griffiths Energy International Inc.

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